Y Intercept Hong Kong Ltd acquired a new position in shares of CTO Realty Growth, Inc. (NYSE:CTO – Free Report) during the 1st quarter, Holdings Channel.com reports. The firm acquired 105,644 shares of the company’s stock, valued at approximately $1,953,000.
A number of other hedge funds have also recently added to or reduced their stakes in CTO. Clearstead Advisors LLC raised its holdings in shares of CTO Realty Growth by 231.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after purchasing an additional 1,250 shares during the period. CIBC Private Wealth Group LLC acquired a new position in shares of CTO Realty Growth in the 3rd quarter valued at about $37,000. Signaturefd LLC grew its position in shares of CTO Realty Growth by 200.1% during the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after buying an additional 1,599 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of CTO Realty Growth by 51.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after buying an additional 1,245 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in CTO Realty Growth during the fourth quarter worth about $112,000. Institutional investors and hedge funds own 67.18% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on CTO shares. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, April 29th. Cantor Fitzgerald increased their price target on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. JonesTrading upped their price objective on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $23.67.
CTO Realty Growth Price Performance
NYSE CTO opened at $21.39 on Thursday. The company has a 50-day moving average price of $20.69 and a two-hundred day moving average price of $19.43. CTO Realty Growth, Inc. has a 52 week low of $15.06 and a 52 week high of $22.01. The stock has a market cap of $722.52 million, a price-to-earnings ratio of 101.86 and a beta of 0.60. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13.
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Analysts forecast that CTO Realty Growth, Inc. will post 2.1 EPS for the current year.
CTO Realty Growth Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.52 annualized dividend and a yield of 7.1%. CTO Realty Growth’s payout ratio is presently 723.81%.
CTO Realty Growth Company Profile
CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.
The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.
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